ABB gets US$24m to revamp locomotives<\/p>\n
HONG KONG (JP): PT Abdibangun Buana, a subsidiary of Asea
\nBrown Boveri (ABB), has been appointed to overhaul 21 locomotives
\nof the state-owned railway company Perumka in Medan, North
\nSumatra.<\/p>\n
Joachim Schulze-Warnecke, an executive of Abdibangun Buana,
\nsaid on Monday that the job contract worth US$24 million would be
\nsigned with the Ministry of Transportation in the near future.<\/p>\n
Schulze-Warnecke said that the company was directly appointed
\nby the government after it got a loan from a German financial
\ninstitution, KWF, last year.<\/p>\n
\"The project, which will take about three years to complete,
\nalso includes a training workshop for Perumka employees as well
\nas locomotive spare parts for two years,\" Schulze-Warnecke said.<\/p>\n
Schulze-Warnecke added that his company is also involved in
\nthe development of a signaling system in the eastern section of
\nthe Cikampek-Cirebon railway project in West Java.<\/p>\n
\"We are looking forward to participating in many other railway
\nprojects such as the one in Depok (south of Jakarta) and the
\nrelocation of the Manggarai station (in Central Jakarta),\" he
\nsaid.<\/p>\n
Earlier this year, ABB merged with Daimler-Benz AG to form an
\nequally-owned new company called Adtranz group.<\/p>\n
Kaare Vagner, the president and the chief executive officer of
\nthe Adtranz Group, said that the company is also interested in
\nbuilding the first subway system in Indonesia.<\/p>\n
The Jakarta administration plans to build a 14.5-kilometer
\nsubway linking Blok M in South Jakarta and Kota in West Jakarta.
\nConstruction of the US$1.3-billion project will begin in 1997.<\/p>\n
\"Yes, we are interested in building the whole system of the
\nupcoming subway project in Indonesia,\" Vagner said. (yns)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/abb-gets-us24m-to-revamp-locomotives-1447893297",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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